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  1. ITV Report

£200m cash injection to boost local economy

More than £200m is coming to the economy of the Anglia region from the Government Photo: Andrew Milligan /PA Archive

More than £200m has been pledged by the government to boost the local economy in the Anglia region. The cash will go to business and local authorities and is aimed at creating thousands of new jobs.

It's also expected that the funding with go towards building new homes and starting dozens of infrastructure projects across the region like transport improvements and superfast broadband networks.

A host of government ministers have been sent to the region to promote the so-called "Growth Deals" while the Labour leader Ed Miliband is in Stevenage unveiling his party's plans for returning power to local councils.

Mr Miliband said a Labour government would begin to reverse a "century of centralisation" with legislation to return powers and billions of pounds of funding to local councils in England.

The Labour leader said he would chart a new course away from the "old top-down command model" towards what he called a new era of "people-powered public services".

Some of the cash goes towards improving broadband networks Credit: Dominic Lipinski/PA Archive

The government has announced a total of £6bn of local projects as the first wave of Growth Deals. Local Enterprise Partnerships (LEPs) all over the region were invited to submit their local priorities to maximise economic growth in their area.

Greater Cambridge & Greater Peterborough

  • £21m allocated by the government
  • Creating an estimated 5,000 jobs
  • Building up to 7,000 homes
  • Up to £40m into the local economy from public and private investment

Hertfordshire

  • £53m allocated by the government
  • Creating an estimated 13,000 jobs
  • Building up to 17,000 homes
  • Up to £180m into the local economy from public and private investment
A total of more than £200m has been allocated to projects in the Anglia region Credit: Mike Egerton/PA Archive

South East including Essex

  • £84m allocated by the government
  • Creating an estimated 35,000 new jobs
  • Building up to 18,000 homes
  • Up to £100m into the local economy from public and private investment

New Anglia covering Norfolk and Suffolk

  • £60m allocated by the government
  • Creating an estimated 14,000 new jobs
  • Building up to 2,000 homes
  • Up to £120m into the local economy from public and private investment

South East Midlands including Northants, Luton and Milton Keynes

  • £31m allocated by the government
  • Creating an estimated 3,000 new jobs
  • Building up to 4,000 homes
  • Up to £45m into the local economy from public and private investment